Washtenaw Health Plan Corporation
Washtenaw Health Plan Corporation consistently spends more than it earns, drawing down assets over the past decade.
EIN: 20585175 · Ypsilanti, MI · NTEE: E31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| Net Assets | $2.7M |
| Transparency Score | 75/100 |
Is Washtenaw Health Plan Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washtenaw Health Plan Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washtenaw Health Plan Corporation
Washtenaw Health Plan Corporation (EIN: 20585175) is a nonprofit organization based in Ypsilanti, MI, classified under NTEE code E31. The organization reported total revenue of $3.6M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washtenaw Health Plan Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washtenaw Health Plan Corporation is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$102K |
| Total Assets | $3.1M |
| Total Liabilities | $355K |
| Net Assets | $2.7M |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 16.7 months |
Financial Health Grade: A
In 2023, Washtenaw Health Plan Corporation reported a surplus of $102K with revenue exceeding expenses, holds 16.7 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Washtenaw Health Plan Corporation's revenue has declined at a compound annual growth rate (CAGR) of -11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.0% | +6.5% | +5.0% |
| 2022 | -23.9% | +9.1% | -10.6% |
| 2021 | +21.5% | -3.8% | +6.1% |
| 2020 | +40.1% | -9.8% | -2.8% |
| 2019 | +49.0% | +3.6% | -20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Washtenaw Health Plan Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Washtenaw Health Plan Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $102K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with annual revenues in the millions and suggests a volunteer-led or externally compensated leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Washtenaw Health Plan Corporation's IRS 990 filings:
- Consistent deficit spending in multiple periods (e.g., 202209, 202009, 201909, 201809, 201709, 201609).
- Significant decline in total assets over the past decade, from $7,552,243 in 201409 to $3,055,843 in 202309.
- Unusually low revenue in some periods compared to expenses, such as $850,488 revenue against $2,102,424 expenses in 201809.
Strengths
The following positive indicators were identified for Washtenaw Health Plan Corporation:
- Strong transparency regarding executive compensation with 0% reported officer compensation.
- Consistent operation for over a decade, indicating resilience despite financial challenges.
- Maintains substantial assets ($3,055,843 in 202309) to support its mission, even after significant drawdowns.
Frequently Asked Questions about Washtenaw Health Plan Corporation
Is Washtenaw Health Plan Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Washtenaw Health Plan Corporation (EIN: 20585175) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Washtenaw Health Plan Corporation spend its money?
Washtenaw Health Plan Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Washtenaw Health Plan Corporation tax-deductible?
Washtenaw Health Plan Corporation is registered as a tax-exempt nonprofit (EIN: 20585175). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Washtenaw Health Plan Corporation's spending goes to programs?
Washtenaw Health Plan Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Washtenaw Health Plan Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Washtenaw Health Plan Corporation is above average for NTEE category E31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Washtenaw Health Plan Corporation located?
Washtenaw Health Plan Corporation is headquartered in Ypsilanti, Michigan and files with the IRS under EIN 20585175. It is classified under NTEE code E31.
How many years of IRS 990 filings does Washtenaw Health Plan Corporation have?
Washtenaw Health Plan Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.6M in total revenue.
How does Washtenaw Health Plan Corporation sustain operations with recurring deficits?
The organization appears to be drawing down its accumulated assets to cover operational expenses, as evidenced by the decline in assets from $7,552,243 in 201409 to $3,055,843 in 202309, while expenses frequently exceed revenue.
What is the source of funding for executive leadership if officer compensation is 0%?
The 0% officer compensation suggests that executive leadership may be volunteer-based, compensated by a related entity, or that the organization's structure does not involve direct compensation to officers as defined by the IRS 990.
What is the organization's strategy for reversing the trend of declining assets?
The provided data does not detail a specific strategy, but the consistent decline in assets alongside recurring deficits indicates a need for either increased revenue generation or significant expense reduction to ensure long-term financial stability.
Filing History
IRS 990 filing history for Washtenaw Health Plan Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Washtenaw Health Plan Corporation's revenue has declined by 78.2%, moving from $10.5M to $2.3M. Total assets decreased by 33.3% over the same period, from $4.6M to $3.1M. Total functional expenses fell by 75%, from $8.8M to $2.2M. In its most recent filing year (2023), Washtenaw Health Plan Corporation reported a surplus of $102K, with revenue exceeding expenses. The organization holds $355K in liabilities against $3.1M in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.2M | $3.1M | $355K | — | View 990 |
| 2022 | $1.6M | $2.1M | $2.9M | $343K | — | — |
| 2021 | $2.2M | $1.9M | $3.3M | $139K | — | View 990 |
| 2020 | $1.8M | $2.0M | $3.1M | $267K | — | — |
| 2019 | $1.3M | $2.2M | $3.2M | $178K | — | View 990 |
| 2018 | $850K | $2.1M | $4.0M | $168K | — | View 990 |
| 2017 | $1.2M | $1.9M | $5.2M | $173K | — | View 990 |
| 2016 | $750K | $1.9M | $6.0M | $165K | — | View 990 |
| 2015 | $1.7M | $1.7M | $7.1M | $184K | — | View 990 |
| 2014 | $8.7M | $7.0M | $7.6M | $594K | — | View 990 |
| 2013 | $9.2M | $9.3M | $6.1M | $876K | — | View 990 |
| 2012 | $10.8M | $9.3M | $6.3M | $941K | — | View 990 |
| 2011 | $10.5M | $8.8M | $4.6M | $756K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.2M, and assets of $3.1M (revenue +40.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.1M, and assets of $2.9M (revenue -23.9% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.9M, and assets of $3.3M (revenue +21.5% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.0M, and assets of $3.1M (revenue +40.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $2.2M, and assets of $3.2M (revenue +49.0% year-over-year).
- 2018: Revenue of $850K, expenses of $2.1M, and assets of $4.0M (revenue -26.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.9M, and assets of $5.2M (revenue +53.4% year-over-year).
- 2016: Revenue of $750K, expenses of $1.9M, and assets of $6.0M (revenue -56.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $7.1M (revenue -80.2% year-over-year).
- 2014: Revenue of $8.7M, expenses of $7.0M, and assets of $7.6M (revenue -4.8% year-over-year).
- 2013: Revenue of $9.2M, expenses of $9.3M, and assets of $6.1M (revenue -15.5% year-over-year).
- 2012: Revenue of $10.8M, expenses of $9.3M, and assets of $6.3M (revenue +3.1% year-over-year).
- 2011: Revenue of $10.5M, expenses of $8.8M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washtenaw Health Plan Corporation:
Data Sources and Methodology
This transparency report for Washtenaw Health Plan Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.